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Potomac Grove Home Values and Market Report

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Report prepared by MeetTheBarbosaGroup.com The Barbosa Group

Market at a glance

Over the last 12 months, homes sold for 97.0% of list price in 25 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $1.12M Sold · $1.07M
$1.2M$900K$600K$300K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 3 sales in Jun. Last month: 0.

Where the market stands

All homes in this report, by status.

10homes
Active3 · 30%
Under contract1 · 10%
Sold (12 mo)6 · 60%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$1.11M
Under contract$1.15M
Sold$792K

Average days on market

Active44 days
Under contract7 days
Sold25 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 3
Average list price $1,106,600
Avg. days on market 44 days
Avg. price per ft² $276
Avg. living area 4,120 ft²
Avg. beds / baths 5.3 / 4.7

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$1.5M$1M$500K$0

Price vs. living area: 3 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 3 homes in this status.

7 Turley Ct$338
15103 Gravenstein Way$260
12300 Turley Dr$230

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
12300 Turley DrNorth Potomac, MD 20878 555,076$1,169,900$23030 days
7 Turley CtNorth Potomac, MD 20878 553,249$1,099,900$338100 days
15103 Gravenstein WayN Potomac, MD 20878 644,036$1,050,000$2601 day
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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